Mortgage lenders EBS and Haven to increase variable rates by 0.35%

This is the second rate hike by ESB in two months, announcing in March an increase of 0.75% across fixed-rate mortgages

Both interest rate hikes will take effect on the 18th of May. Yui Mok/PA Wire

Lenders EBS and Haven are the latest mortgage providers to announce interest rate hikes in response to continuous increases by the ECB.

Variable rates provided by Haven will increase by 0.35%, with the loan provider writing to customers confirming the new interest rate which comes into effect on the 18th of May.